Meanwhile, in a pivotal legal case, a judge has ordered Craig Wright to pay over $1 million, acknowledging new evidence pertaining to the enigmatic identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
In parallel developments, as meetings with the SEC continue, Hashdex has selected BitGo as the custodian for its anticipated Bitcoin ETF, indicating further institutional moves in the Bitcoin ecosystem.
Global stock indexes mostly rose on Friday, while the US dollar fell to a near five-month low, driven by weaker-than-expected US inflation data.
The Commerce Department reported that US prices decreased in November, marking the first decline in over 3.5 years and bringing the annual inflation rate below 3%.
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